Quantcast

East Twin Cities

Tuesday, December 3, 2024

Woodbury median home prices rose by 6.5% in the first half of 2022

Re 7

The median sale price of a home sold in the first half of 2022 in Woodbury rose by $24,000 while total sales decreased by 15.1 percent, according to BlockShopper.com.

From January through June, there were 457 homes sold, with a median sale price of $394,000 - a 6.5 percent increase over the $370,000 median sale price for the same period of the previous year. There were 538 homes sold in Woodbury in the first half of 2021.

The median sales tax in Woodbury for the most recent year with available data, 2020, was $4,149, approximately 1.1 percent of the median home sale price for the first half of 2022.

The following table compares Woodbury to other Washington County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Marine on St. Croix46-33.3$505,000$520,000-2.9
Stillwater171182-6$452,500$400,00013.1
Birchwood Village56-16.7$419,000$435,000-3.7
Scandia920-55$402,000$508,250-20.9
Mahtomedi484311.6$398,750$400,000-0.3
Woodbury457538-15.1$394,000$370,0006.5
Lakeland14140$382,500$300,29927.4
Willernie59-44.4$355,000$217,00063.6
Cottage Grove193211-8.5$353,000$320,00010.3
Bayport1822-18.2$351,500$343,7502.3
Oak Park Heights282512$340,000$283,00020.1

MORE NEWS